Electric Vehicles

Investors doubt that the controversial businessman can deliver a mass-produced electric vehicle.

The development comes a few days after Ola’s electric mobility business Ola Electric raised a USD 200 million funding round.

With the new funding, Ola Electric plans to accelerate the development of electric scooters and motorbikes as well as electric cars.

Deal with startup Lordstown gives Taiwanese company first auto foothold in America.

As global liquidity returned at the end of 2020, many heavyweight investors began pooling money to take on the monumental challenge.

EV unit was expected to use funds for auto development and working capital.

Ride hailer claims plant is world’s largest staffed entirely by women.

Faraday Future has formed partnerships with Chinese automakers to sell cars in the world’s largest EV market.